Filing tax returns for a non trading company

theoneill

Registered User
Messages
365
Hi,

As part of a masters course I set up a company, though it has never traded and exists only in name. I may want to do something with this company in the next few years so I don't want to wind it up for the time being.

I know I have to file some kind of tax return by the end of October but I'm not sure how to go about this.

Does anyone have any advice or links?

Any help would be great.

Thanks
 
for tax register with ROS http://ros.ie and do the returns online, the initial setup process takes about 2/3 weeks to get passwords and digital certificates all sorted

have u made the annual returns to CRO http://www.cro.ie/

The issue with CRO is that if you don't do them on time and if you do need to file [ not sure for non trading company] you lose the audit exemption-
 
Did you set up a company or just business name?
A company normally has 2 directors so just wondering
 
I set up a company through the CRO, but that's about it. I just have a cert with my name on it.
 
Just to be clear, is this a limited company (ie have you 2 directors, at least 1 shareholder, and a registered office) or have you merely registered a business name for yourself?
 
Sorry, your use of terminology is very confusing. At the risk of repeating myself, until you can clarify whether you have formed a limited company or merely registered a business name (which is nothing to do with a limited company), I don't think you're going to get a reliable answer here.
 
Sorry for the delay, I had to check my records. I have registered a business name for myself. Is there anything I need to do as regards tax returns?
 
I have set up a company and need to file my first return. However the company has not yet started trading, so there are no bank accounts or any other financial details. What is the minimum I need to supply with the return?
 
just a simple set of accounts will do balance sheet and standard notes-- make sure you sign the declaration that you are availing of the audit exemption -might be worth having a quick chat with an accountant